Nextracker Management
Management criteria checks 0/4
Nextracker's CEO is Dan Shugar, appointed in Feb 2023, has a tenure of 1.75 years. total yearly compensation is $20.73M, comprised of 4.1% salary and 95.9% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $5.79M. The average tenure of the management team and the board of directors is 1.8 years and 1.8 years respectively.
Key information
Dan Shugar
Chief executive officer
US$20.7m
Total compensation
| CEO salary percentage | 4.1% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Nextracker: Tracking Well On Quality Metrics
Nov 11Returns on Capital Paint A Bright Future For Nextracker (NASDAQ:NXT)
Oct 28
Nextracker: Market Leadership And Growth Prospects Make It A Buy
Oct 24Here's Why We Think Nextracker (NASDAQ:NXT) Might Deserve Your Attention Today
Oct 06Getting In Cheap On Nextracker Inc. (NASDAQ:NXT) Is Unlikely
Sep 17Nextracker: Tracking, Not Buying
Aug 27An Intrinsic Calculation For Nextracker Inc. (NASDAQ:NXT) Suggests It's 24% Undervalued
Aug 09Nextracker (NASDAQ:NXT) Has A Rock Solid Balance Sheet
Jul 19Nextracker (NASDAQ:NXT) Is Very Good At Capital Allocation
Jul 01Nextracker: Competitive Pressures Should Compress Margins Over Time
Jun 18With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case
Jun 12Nextracker Inc.'s (NASDAQ:NXT) Shares Climb 29% But Its Business Is Yet to Catch Up
May 25Nextracker: Rising Star In The Solar Industry
May 16Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?
May 05These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely
Apr 13Nextracker: Multiple Drivers To Aim For A Prosperous Future
Apr 11There's Reason For Concern Over Nextracker Inc.'s (NASDAQ:NXT) Price
Mar 01Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest
Feb 07Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power
Feb 03A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Jan 19Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
Jan 14A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Oct 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2024 | n/a | n/a | US$484m |
| Jun 28 2024 | n/a | n/a | US$408m |
| Mar 31 2024 | US$21m | US$850k | US$306m |
| Dec 31 2023 | n/a | n/a | US$102m |
| Sep 29 2023 | n/a | n/a | US$61m |
| Jun 30 2023 | n/a | n/a | US$22m |
| Mar 31 2023 | US$9m | US$461k | US$1m |
| Dec 31 2022 | n/a | n/a | US$6m |
| Sep 30 2022 | n/a | n/a | US$18m |
| Jul 01 2022 | n/a | n/a | US$34m |
| Mar 31 2022 | US$1m | US$415k | US$51m |
Compensation vs Market: Dan's total compensation ($USD20.73M) is above average for companies of similar size in the US market ($USD7.78M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.
CEO
Dan Shugar (60 yo)
1.8yrs
Tenure
US$20,725,590
Compensation
Mr. Daniel S. Shugar, also known as Dan, has been the Chief Executive Officer and Director of Nextracker Inc. since February 8, 2023. He is the Co-Founder of legacy Nextracker Inc. and served as its Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.8yrs | US$20.73m | 0.10% $ 5.8m | |
| Director & President | 1.8yrs | US$10.66m | 0.024% $ 1.3m | |
| Co-Founder & COO | 1.8yrs | US$5.59m | 0.011% $ 603.9k | |
| Chief Financial Officer | less than a year | US$186.72k | 0.0025% $ 140.8k | |
| Chief Accounting Officer | less than a year | US$9.02m | 0.016% $ 878.7k | |
| President of Strategy | 1.8yrs | US$7.55m | 0.015% $ 838.0k | |
| Co-Founder & Chief Commercial Officer | no data | no data | no data | |
| Co-Founder & CTO | no data | no data | no data | |
| Co-Founder & Chief Strategy Officer | no data | no data | no data | |
| Vice President of IR & Financial Communications | no data | no data | no data | |
| General Counsel | 1.8yrs | US$434.98k | 0.011% $ 615.8k | |
| Vice President of Global Marketing | no data | no data | no data |
1.8yrs
Average Tenure
56yo
Average Age
Experienced Management: NXT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.8yrs | US$20.73m | 0.10% $ 5.8m | |
| Director & President | less than a year | US$10.66m | 0.024% $ 1.3m | |
| Independent Director | 1.8yrs | US$256.25k | 0.030% $ 1.7m | |
| Chairman | 1.8yrs | US$330.00k | 0.019% $ 1.1m | |
| Independent Director | 1.8yrs | no data | no data | |
| Independent Director | less than a year | US$129.76k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.8yrs | no data | no data | |
| Independent Director | 1.6yrs | no data | 0.0036% $ 203.6k |
1.8yrs
Average Tenure
60yo
Average Age
Experienced Board: NXT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.